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Articles on Banking

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The growth of Islamic banks provides Muslims living in North America with options that reflect their beliefs. (Shutterstock)

Islamic finance provides an alternative to debt-based systems

Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
A lot of African countries have implemented taxes on electronic transactions. Wikimedia Commons

New data on the e-levy in Ghana: unpopular tax on mobile money transfers is hitting the poor hardest

The tax on electronic transactions has not generated as much revenue as the government of Ghana expected.
The Canada Infrastructure Bank was founded in 2017 by the Liberal Party to support revenue-generating infrastructure projects through public-private partnerships. (Shutterstock)

It’s time for the Canada Infrastructure Bank to reclaim its public purpose

Rather than underwriting private interests and the privatization of public services, the Canada Infrastructure Bank can build a better democratic institutional legacy.
Mobile money has deepened financial inclusion in Ghana. Wikimedia Commons

Mobile money service quality: what’s important to customers in Ghana

Mobile money service providers are on the path to find new ways of growing their customer base and keeping them.
In happier days. Nigerian President Muhammadu Buhari (centre) and Vice President Yemi Osinbajo (left) pose as Facebook founder Mark Zuckerberg takes a selfie during his visit to the country in 2016. Sunday Aghaeze/AFP via Getty Images

Twitter ban will harm Nigeria as a technology investment destination

Nigeria risks losing its recent status as Africa’s most attractive tech hub following its decision to suspend Twitter’s operations.
Public banks around the world are working towards the public good during COVID-19. The Canada Infrastructure Bank, however, seems focused on privatizing critical public services instead of ensuring vital infrastructure across the country is built or maintained, like this project to repair the bridge spanning the Halifax harbour in 2017. THE CANADIAN PRESS/Andrew Vaughan

COVID-19 illustrates why Canada needs more — and better — public banks

Canada doesn’t have many public banks. The best known, the Canada Infrastructure Bank, seems intent on privatizing critical public services instead of working towards the public good.

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